2012-11-12
2012-11-20
x nancy pelosi
x obama

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English 111

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closing loopholes. that is a reputation of what john boehner suggested in the days since the president has been re-elected. >> that's totally right. a key point, the simpson-bowles tax idea is kind of a magic pony, right. everyone agrees in the ab instruct, we can bring down the rates, close loopholes and deductions and raise revenue. if that's such a wonderful idea how come it's only come up now. how come no one has done it. the reason is because it's really, really hard politically. once you get into the specifics. if you're trying to tie all the revenue to this abstract tax reform idea you're going to get into a position where the revenue is about never going to happen because once you get into reality it doesn't materialize. >> you have to do both, john. you have to do -- you have to raise the the rates and close loopholes to get the amount -- >> just raise the rates. >> you can't raise the rates high enough to produce $1.6 trillion. >> you can get $900 billion from expiring the bush tax cuts. >> and where do you get the other $700 billion from from. >> do a little reform and cut the r

, republican speaker of the house john boehner. i felt like that all isolated john mccain a lot. but you know, maybe he stands alone in terms of his influence on foreign policy matters. >> he does. but there's distance emerging between him and where everyone else is. and partly, we should remember this was very -- this was wielded to the election partly because there was this hope and you'd see it all over the conservative blogs. this was the thing that was going to turn around the election and the mainstream media because they wanted to get barack obama elected for ignoring the facts of the matter. because people used it incredibly cynical fashion, there's a little less energy behind the kind of conspiracy mongering except for john mccain ym who is in it until the end. >> but then today, the reason this was an important question today, today the talking points given to susan rice after the benghazi attack, those talking points were published. and if those talking points are what she was given to say, she hued essentially exactly to what she was briefed to say by the intelligence agency. so o

%? this is a very clear issue and the first challenge for john boehner. 90% vs. 2%. he is -- they have sided with 2%. can he get them to give 90% of americans a tax break? if not, the republican party is in more trouble. >> ami sheree this order -- editorial saying that the republicans have no foothold in -- and little room to negotiate and the president will drive a bargain. >> it would have to say this. republicans are not dealing from strength. they were in 2010 when they elected 63 tea party freshman and i could block or pass anything they wanted. john boehner was to admit that they do not win and if they do not when you are not dealing with a position of strength. president obama is. >> 1042 to five days until the next presidential election. host: hillary clinton would be the best prepared candidate. one who has lived in the u.s. senate, a woman who knows virtually every head of state in the world and is a strong opinion of the inclusion of -- social inclusion. i come close but will not talk about that until hillary -- people decide what to do. >> what is your decision making process moving fo

, that $1.6 trillion, is twice the amount of revenue that he and boehner put on the table last summer. it's a clear sign to the left that the president has stopped beginning his negotiations from the middle ground, something democrats have often complained about with this president. afl-cio president said he's confident that the president is not going to fold. >> the president led with that notion of protecting the middle class. are we going to collectively stand up and make sure that workers get a fair shake in all of this? absolutely we are. do we believe that the president is committed to that same thing? absolutely we do. will the president show today he's willing to go over the fiscal cliff if reboundians don't make the deal they are satisfied with. in a new pew poll, 50% will not reach an agreement in time. 53% are assuming republicans will be more to blame if no deal is struck. but yesterday minority leader mitch mcconnell, who met with the three gop freshmen, new senators, will join the repub c republican conference, struck a hard line when it came to tax rates. >> in politics th

boehner, who have already openly said, no increases in tax rates? >> well, you have to splinter off some republicans, in the senate it will be easier because you just have to get to 60. you might pass the december 31st deadline where you have a few more democrats in the senate. but the problem is always going to be the house. i think there may be a bargain in the -- in the side of coming to republicans and saying, here are cuts. but the price of those cuts will be that 2%. republicans will face a very tough choice in just a very short time. are they the ones that are going to be responsible for giving 98% of americans tax hikes? do the republicans want to be known as the party that raised your taxes for everybody but 2%? >> right. and i think, martin -- >> so, the 2% solution may be a noose around the republicans' neck. >> i think the republicans have little leverage. not just for that reason but a couple of other reasons. if you consider the fact that taxes are at 15% of gdp, spending is at 24%, even the paul ryan budget proposes we only reduce spending to 20% of gdp. that means five pe

john boehner before him sounding somewhat positive on working out a plan to divert the fiscal cliff. they met in person at the white house on friday, along with house minority leader nancy pelosi and senate majority leader harry reid and minority leader senator mitch mcconnell. jeff, it seems like the media are poised to blame republicans if the deal falls apart. >> if you look at the polling, over half the country believes it's the g.o.p.'s fault if this deal falls apart. why that? the democrats and the president himself have done an effective job of essentially trashing republicans saying that this whole, the reason that there's a, you know, there isn't a deal in the first place, because it's their fault and that's not true. it's both parties that did this and the president particularly not showing leadership and kicking the can down the road and creating a super committee. the media is not covering this correctly at all. reporting that the president want a deficit package. 1 trillion from tending the war and that's going to happen and another trillion from spending cuts in the pa

directly at odds with house speaker john boehner. >> could you accept a deal that does not include tax rate increases for the wealthy? we've seen talk about a possible compromise that could leave rates the same but cap deductions for high-income earners. is that something that's acceptable? >> no. >> not at all no, way? >> no. the preponderance made it very clear in his campaign that there are not enough -- what you just described is a formula and a blueprint for hampering our future. you cannot go forward -- you have to cut some investments. if you cut too many you are hampering growth, you're hampering education, investments for the future. >> and even thousands of miles away it appears president obama is still focused on those negotiations. while touring a royal monastery with secretary of state clinton in thailand the president was overheard mentioning the budget talks to a monk. the president later clarified his comments -- >> he's not any monk. >> no. >> he has some big i vestments in the stock market. >> he later clarified his comments at a news conference. >> yes, we were working on

of those things need to be in play. when john boehner talks about raising revenue he's willing to do that if it only comes in the form of tax reform, not raising tax rates, but actually lore erring tax rates, closing loopholes, broadening the base and you will get more money coming into the treasury. the other part of the equation that is so important which has not been part of the public conversation is cutting spending, not just slowing the rate of growth but actually cutting spending to try to get this deficit under control. i know the republicans don't control the narrative on this but i want to hear more from them on that side of the equation. jon: julie our nodding your head you must agree. >> i think both sides need to come to the table. enough already with these sort of, you know, showmanship, game man ship, these are people's lives that are at stake in this economy. monica is right in that the president does control the upper hand at this point. if nothing is done all the bush tax rates will expire. you have exit polling coming out of the recent election saying two-thirds of

not be surprised. even though the republican majority is a little smaller. and some of the people that boehner lost are moderates and the type of people that would want to cut deals. there may be people as the freshman move into leadership positions. jim langford is making a bid for the policy committee chairmanship, a springboard for a lot of people there seems to be a general calming down among some of the fire breathing. you know there is the potential for mischief on the floor. some of the news reported that the more conservative members of the republican party contemplated now the threshold for bringing down a bill is even smaller that they might not even vote for rules. that potential for mischief. and the people one term in that have now gone through a disappointing election. they have also seen that there are things that they can get done that perhaps they were not able to do in the middle of the debt crisis, making a negotiation. so the tone in the house, i would not be surprised if it racheted down a tiny bit. people are just with a little bit of experience and a few more gray hairs they

of the house, john boehner, by john mccain's own bff in the senate, joe lieberman, he also disagrees with mr. mccain on this. same goes for susan collins of maine who did go to the classified briefing yesterday and noted publicly that john mccain was not there. even though it was his committee. mccain's special investigation idea was also shot down today by republican senator richard burr who said, quote, i think you've got to allow the structure we have of oversight to function and i think the intelligence committee is more than capable of handling this. in other words, the senate is getting information so maybe we should, you know, get information instead of continuing to scream on tv about not getting information. here's how you know when somebody is being disingenuous. when they demand something and then you give them that thing that they just keep demanding about and they pretend that you're not giving it to them and they just keep making the demand anyway as if it hasn't been met. john mccain obviously sees some advantage somewhere in continuing to scream on tv about the fact he's not

a single question, what are you willing to give. you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the cliff and get blamed for that? >> well, it's a tough situation for them. there's no question about it because as you know, the default position, if we don't do anything is for the taxes to go up on everybody on january 1st, and that's something i think both sides want to avoid. it's very interesting, the thing that happened this week to start the week, was who was the first person that barack obama met with in the white house since his election, the labor unions, the labor block, that tells a lot who is driving policy at least at the start of the second t

a split and one of the interesting ways you can follow it has to do with what -- john boehner versus paul ryan. boehner is pushing for conference shame, republican congresswoman rogers while ryan is pushing tom price who used to run the conservative caucus in the house. if most of the caucus is getting behind them then it's a sign they'll dig in their heels. if they're going with boehner, it's a sign they'll deal. >> i want to bring in a democrat on both the armed services committee and select committee on intelligence and the fiscal cliff if i might. do you think the republicans will come to play? >> i believe that they will. it's my hope that everyone has gotten the message loud and clear that the american people expect us to compromise, democrats and republicans coming together to solve the fiscal cliff issue but in a balanced way and that is certainly what president obama has campaigned on protecting a strong middle class, allowing the tax cuts to expire above $250,000, but we can't be afraid to compromise but we can do that without compromising our principles. >> is part of this deal

for the democratic leadership, speaker boehner also intends to stay on, so we'll be seeing some of these elections take place but the big surprise is not a surprise, she's staying put. >> nbc's kelly o'donnell on capitol hill for us. kelly, thanks so much. >>> there is an awful lot happening from capitol hill and during what is expected to be the lame duck session i'll talk with maxine waters next. >>> then just over two hours until the president's news conference, first one difference re-election. what do you think the first question will be? reporters asking about what? tweet me at thomas a. roberts or find me on facebook, thomas a. roberts on msnbc. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you f

-like reaction, not a cliff-like reaction, and the leaders of wall street will help john boehner to make a better deal rather than pressuring him to make a deal that's bad for the economy and the fear that we don't get a deal will lead to getting a deal because the pressure correctly applied. >> the issue here is will we go over the cliff? i stopped saying cliff. sorry. okay, okay. but i think the question is do we get to the grassy gradual slope or not and then level roonlg. this is the first time since 2010 that's obama's had the leverage with republicans and saying there, you mentioned that poll yesterday adding to the leverage because, voters, you think to go over this so-called cliff and referring to the nervousness. who will you blame? >> republicans. >> republicans. that's more leverage of obama on that question and look at. yeah, he didn't draw that red line as krystal said at the beginning but as close to be an absolutist for incomes over $250,000 as he can be. this is an issue that he ran on. this bothers him ruled by republicans two years ago and taxes are not where they should be hist

john boehner and house minority leader nancy pelosi will be there and others at any moment to talk about the fiscal cliff. the president spoke to labor leaders and business executives earlier in the week. it's a busy day in washington, d.c. we'll have more on all of this coming up. diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ phillips' lady ] live the regular life. phillips'. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for

anything that speaker boehner said make you optimistic? was it just that urgency that you're talking about? >> well, it's the urgency, but i think the spirit at the table was one of everybody wants to make the best effort to get this done. hopefully that is possible. hopefully it is possible by the middle of december so the confidence of the markets and, most importantly, the confidence of the consumers returns to infuse our economy with demand, which creates jobs. >> you said afterwards there would be these milestones of success. how will that work? what are the goals? are there interim goals? >> well, my suggestion was that we at some point, not necessarily today, decide on what our goal is in terms of the amount of deficit reduction that we can achieve, some date by which we'd like to do it, the middle of december so this doesn't take us up to christmas, some milestones along the way so progress can be demonstrated we're moving in a forward direction. >> i spoke to senator michael bennet of colorado earlier this week. he said this really comes down to speaker boehner and president obama

of a change. john boehner will be the speaker of the house, you know, unless something unforeseen happens in the next few weeks. he will be, he will keep the reign. the republicans gained, you know, a few seats, but that's not really going to effect his shot. he ran unopposed in ohio for his own race, and the defining conflict of the republican conference in the 112th congress, this sort of conflict between eric cantor, the majority leader, and john boehner, the speaker, is really behind them at least, you know, from everything that we have seen. the -- so that is remarkably stable, the first three positions. john boehner will be, you know, the next speaker, eric cantor will be the majority leader, and kevin mccarthy will be the majority whip. where it starts to get interesting is for the conference chairman position. this is currently held by jeb hensarling who is making a bid to be the financial services chairman. hensarling has been a sort of rising star for a while within republican ranks. he was a republican study committee chairman which is sort of the top conservative position in r

would be willing to accept and double the amount that speaker boehner had offered the president during their debt negotiations last year. today the president is scheduled to meet with ceos from a dozen companies. there's some of them on your screen. general electric, ford, ibm all playing a part. they'll discuss ways to work together and try to find a balanced approach to reducing the deficit. during a closed-door meeting yesterday with union leaders and liberal supporters, president obama reportedly vowed that he would, quote, not budge when it comes to letting the bush tax cuts expire for the country's highest earners. labor leader and president of the afl-cio, richard trumka, was among those at the white house meeting. he said he and the president are on the same page. >> we're very, very committed to making sure that the middle class and workers don't end up paying the tab for a party that we didn't get to go to. the president led with that notion of protecting the middle class, and now you have republicans that have it in their power, they could sign a bill tomorrow that protects

's about to happen in this building in an hour from now. speaker boehner, senator mcconnell, senator reid, democratic leader pelosi, all will come here and speak for a couple hours. day one of negotiations. nobody is expecting huge news but as jim has already tweeted out this morning, the market is going to look for signs that this tone of compromise that we've heard so much about all week long is that for real or are talks going to break down in early stages? the market specifically is going to depend on that tone today and we'll bring that live when the meeting happens a little after 10:00 a.m. >> we've seen reaction of futures to the possibility of a deal. we've been down for six of the past seven days but the dow this morning implied open is up 33 points. sapp looks s&p looks to add fiv. here we have italy down three-quarter percent and mixed bag for the rest. carl? okay. we're going to go to the road map this morning. that is where carl is in washington d.c. reports this morning that hard decisions surrounding deficit reduction could be kicked down the road until 2013 in favor of a s

. >> is that the big onus on john boehner? >> i think it is the onus on all of the negotiators. it's all of them at this point. because that's where the spotlight is. yeah. it's going to be quite a task. we saw that when this happened the last time. it's going to come right up to the line. i think we might be here late december. >> the drama will take us through the end of the year. our power panel, jackie kucinich, blake, robert, thanks to all three of you. >>> up next i'll talk with someone who was in this morning's closed door hearing with general petraeus, republican congressman tom rooney will join the show. what do you think about today's testimony? tweet me your comments at thomas a. roberts. we're back after this. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. and you learned something along the way. this is the age of knowing what you're made of. so, why let erectile dysfunc

'll still be wealthy. >> reporter: while john boehner agreed ballparks ises in, he said -- bipartisan cooperation is necessary, he said the president's plan is wrong >> we are not going to hurt our economy. >>> that cia sex scandal highlights the insecurities of e-mail. but there are more ways than ever to hide sensitive documents and erase your footsteps. len ramirez shows us how. >> this tape will self-destruct in 5 seconds. >> reporter: there has always been a need to protect sensitive information. whether it's a corporation dealing with trade secrets or a senator trying to hide an adulterous affair. our information more vulnerable than ever. >> the biggest concern is the security of the information in the cloud. >> reporter: the cloud based in san jose has been doubling in size the last two years by creating software that encrypts e-mail to make it unreadable to any outsider. >> if you're not going through our gateway, all you'd see is gibberish. >> reporter: it's designed as a business security system. >> consumer data. >> reporter: but there's an emerging market for consumer pr

of avoiding the fiscal cliff. he'll meet with harry reid, mitch mcconnell, john boehner and nancy pelosi at quarter after 10:00 eastern time. mcconnell says republicans won't raise tax rates. the white house says the president won't sign an extension of tax cuts for top earners. chinese officials including the country's vice minister are sounding alarm bells with external risks to growth. they hope the uts will come to an agreement on tax issues or warns the country could face a slide into deep recession. eunice yoom is taking a closer look at the relationship between the two economic super powers and how they're likely to proceed. >> she's sitting down to her regular taste of americana. she and her co-workers dine out at their favorite fast food joint from the west twice a week, exactly the kind of middle income chinese american companies hope will drive their future growth. >> translator: we're used to eating rice, she says. it's convenient and nice to have fast food once in a while and have a change. american companies are hoping gnaw leadership will make it easier to sell to chinese

speaker john boehner is holding a news conference about the house republican elections. kathy mcmorris rodgers has been elected to be house g.o.p. conference chairman and beat tom price who was endorsed by paul ryan who was the republican vice presidential nominee. and a couple of leadership positions will stay the same, including majority leader eric cantor and house whip kevin mccarthy. we are waiting to hear more about the elections. >> we are waiting to hear what happened from house speaker john boehner. a bit of background, one house republican sought to nominate newt gingrich for house speaker. we will have speaker boehner shortly. nancy pelosi announced that she plans to stay on as the leader of the house democrats and made the announcement at a press briefing and said, quote, i wouldn't think of walking away. we will watch that now while waiting for speaker boehner. >> i think that means most of them are here. good morning. more are coming. more are coming. yesterday, when we gathered here, i began my comments standing here with our new members of congress by saying a picture i

was together, then she and john boehner and barack obama can work together. >> jennifer: with all these slings and arrows, she knows it's not about her. >> that's the biggest lesson in politics, you have to be bigger than yourself. >> jennifer: christine, thank you so much, my dear. up next, hunger is everywhere even where you least expect it. after the break we're going to visit an elementary school that is trying to feed the need in an unlikely county. part of our series on hunger. it's a story that you'll only find in the war room on current tv. [ boy 1 ] hey! that's the last crescent. oh, did you want it? yea we'll split it. [ female announcer ] made fresh, so light buttery and flakey. that's half that's not half! guys, i have more! thanks mom [ female announcer ] pillsbury crescents. let the making begin the saying easy as pie? i get it now. just unroll it fill, top, bake, and present. that must have taken you forever! it was really tough. [ female announcer ] pillsbury pie crust. let the making begin [ ♪ theme music ♪ ] >> jennifer: one in five kids in our count

. they weren't fighting for the top jobs. that's going to stay john boehner. they're actually fighting for the number four job in the house. the contest was tom price against one of the precious few republican women in the house, cathy mcmorris rodgers. and there were some interesting politics at work here. miss mcmorris rodgers had the support of speaker john boehner, but tom price had the support of this guy, the republican party's vice presidential nominee, paul ryan. in the end, it was cathy mcmorris rodgers who won. paul ryan's guy lost. and so even as they lose the presidency, thanks to a devastating gender gap in the polls, and at the same time they send even fewer republican women to congress than were there before, republicans did today pick for this small, low-profile national republican number four leadership role an actual woman. and that's the best they've ever done. that's the highest ranking gop woman there has ever been in the house. back over on the senate side, republicans are faced with a dilemma set up for them by john mccain, as i was just discussing with bill burt

scoring. or closing loopholes that have not been identified. >> on this day, house speaker john boehner claimed that gallup survey showed most people support lowering the deficit ending the tax loopholes and making needed spending cuts. but that is not specific enough for white house. boehner wasn't more detailed the day before. >> getting in to the specifics of that at this point would not be con deuce i to try to come to the white house. >> republicans and democrats continue to position themselves for friday startup talks between the president and congressional leaders. each accusing the other of refusing to compromise. >> the keys to the car are heading toward the fisca cliff are in republican hands. >> liberal democrats demand 1 to 1 ratio of higher tax re-knew to spending cuts, some conservatives are demanding the only increase revenue come from the expanded economic growth. there is little prospect of that enough to avoid the cliff. meanwhile, senator coburn is calling for democrats cut and democrats to find savings in medicare and medicaid. the oklahoma republican admits it's nor

the tone of speaker boehner's remarks was very good. i also want to see what the substance was. what i do know is that different people heard this remark and interpret it in very different ways. grover norquist said he thought it was a good statement by speaker boehner, and other people who think we need to generate additional revenues to have a deficit reduction plan also say he made a good statement. it would be good to know exactly what he is talking about. >> how about for you? the whole premise of tax cuts, as we talked about the last 24 hours, is to eliminate deductions and bring down rates. that is what happened in 1986. >> i am talking about, what is our starting point in terms of the rates? what are we negotiating from? are we negotiating down from 35% or from 39%? i want to emphasize this point -- simpson-bowles, go look at it. they assume the amount of revenue that you would achieve if you allow the tax rate to go up. their tax reform plan is built off an assumption that you will get the amount of revenue as if he started at 39% and went down. they begin with what they call the

driving the decisions made here. i think citing i believe speaker boehner, it's fair to say that the president also believes we don't -- he's not looking to box himself in or box other people's ideas out. as we approach the conversation that will be in on friday. >> suggest to the meeting that just took place they might have to give up more than they would like? >> i think the president has made very clear that everyone, throughout this process, not just in this past week since the election, but for some time now, that the whole point of compromise is that nobody gets to achieve their maximalist position. that was the approach we took throughout negotiations in 2011 and it's the principle the president has based his own proposals on. if you look at, again, the programs that the president has already cut through legislation he signed into law, if you look at the savings he's willing to enact as part of his plan, it demonstrates a willingness to give so that you can meet your negotiating partner somewhere in the middle and reach a deal. >> you don't have any specific -- >> i d

connell, who's the senate minority leader, he's taking a tougher stand than even boehner. let's listen to both of those positions. >> let's be clear. an opening bid of $1.6 trillion in new taxes just isn't serious. it's more than simpson/bowles or any other bipartisan commission has called for. it's been unanimously rejected in the house and senate. it's twice as much as the white house agreed to last summer during the debt ceiling talks, and looked at in the context of the spending cuts yet to be implemented, it amounts to about 20 cents in cuts for every new dollar in tax hikes. in other words, no cuts at all. it's a joke. a joke. >> we right away say 98% of americans are not going to see their taxes go up. 97% of small businesses are not going to see their taxes go up. if we get that in place, we are actually removing half of the fiscal cliff. half of the danger to our economy is removed by that single step. >> okay. so is it a joke, or as the democrats would say, the math isn't adding up? let's look at the issue of deficit reduction. the democrats say the -- let's say if you cut loopholes

tax increases one way or another. bill: do you think that flies in the u.s. house? does john boehner have the votes to match that? >> the white house figures he will portray himself as the chapel yofnt middle class and the republicans are going out for the rift and he feels he can largely beat hem into submission. when they sit down to the bargaining table they might make some changes but he will want to come out of these negotiations as having largely won them and leaving scraps for the republicans. what the republicans have to hit back with is the way you increase revenues is by having rising incomes. you don't get that by higher taxes on a weakening economy. bill: the president plans to open the talks using his most recent budget proposal. wasn't that the budget that got zero votes in the senate? >> he's going to exploit it for all it's worth. you could come to an agreement using bowles and simpson and reducing rates so everyone declares victory. you have got more revenue but the rates don't go up. but i don't think the president is interested in that. if you had normal people doi

to be here. thank you so much. >> thanks so much. >>> a fiscal cliff, it's coming and if obama and boehner don't compromise, could mean economic disaster, but some lawmakers say hey, there's no rush. actually, we should go over that fiscal cliff. i have a cold, and i took nyquil, but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. >>> people are counting down the days until the nation goes off the so-called fiscal cliff. the tax cuts and cu

of congress. republicans john boehner and mitch mcconnell and democrats nancy pelosi and harry reid. >> we had a very constructive meeting with the president to talk about america's fiscal problem. >> we all know something has to be done. >> it was good. i feel confident that a solution may be in sight. >> we're prepared to put revenue on the table, provided we fix the real problem. >> tax hikes and spending cuts could go into effect simultaneously if no deal is reached on the fiscal cliff by the end of the year, both sides have said they are willing to compromise. house speaker boehner says republicans realize that neither side will get everything it wants. >>> exactly one week after he abruptly resigned as head of the cia, david petraeus was back on capitol hill. he met yesterday behind closed doors to brief lawmakers on the september 11th attack on the u.s. consulate in benghazi. according to lawmakers who were there, petraeus now says the attack was an act of terrorism and not the result of a spontaneous anti-western demonstration as initially reported. four americans died in the benghazi

that siri has to offer me. >> stephanie: i think dictionary.com backs me up on john boehner. >> there are pronunciations i've had to look up. i don't know everything off the top of my head. >> she knows how to pronounce myanmar. >> i know how to use the googles, too. >> stephanie: all right. here she is with all of her fancy, highfalutin words. >> paul ryan lost on the national ticket but won back his seat in congress. he will be back at the table of negotiations continuing over tax increases and spending cuts. paul ryan will continue to head up the house budget committee and john boehner expects him to help as the two parties try to come to a compromise that would stave off the fiscal cliff generate revenue and reduce the deficit. the hope is that ryan can help bring around fellow conservatives. as senator patty murray points out to the "new york times," ryan will have to be willing to listen and compromise if he's going to stick to his former budget proposals, it will be a long winter. americans just vote

speaker john boehner. senator collins told the newshour today that she's optimistic lawmakers can still strike a deal and stave off the spending cuts. >> so this has to be done carefully. i think the president's right that -- and i've said this for a long time -- that we have to look at both revenues and spending. but there eds to be compromise on both sides. >> woodruff: but mcconnell said the president needs to put a proposal on the table if any agreement is going to pass. >> the time for the president to lead is now. that means offering a concrete plan that takes into account the fact that half the congo poses tax hikes. >> woodruff: on the democratic side house minority leader nancy pelosi rejected calls by some in the party who have argued for letting the country go over the cliff to get a better deal. >> i want you to b disabused any notion that there's any widespread thought that it would be a good as a country for us to go over the cliff. we want an agreement. we want an agreement. >> woodruff: law mangers will have to try to differences on the fiscal cliff and other issues with

. the fact of the matter is that john boehner might not be able to get a majority of his caucus to vote for any tax plan to put together with president obama. the democrats have to deliver and nancy is part of that. >> let us listen she was asked about her age she did not like that. >> some of your colleagues privately say they york decision to stay on prohibits the party from having a younger leadership. and hurts the party in the long term. >> what is your response? >> (audiaence gasps) >> discrimination! >> she says that the entire chinook's. gray.. for 72 years old. --she looks great-472 years old. and follow michael yaki. a half after 72 years old, she looks great. >> cloudy, cool, late evening rainfall. showers are of the day and the same on tuesday. the storm to the south is moving to the bay area. and all these clouds associated with the enormity storms but this is a rare chance that we could see this coming up from the south. it could start in the south bay first which is rare. warmer with the additional cloud coverage. mainly in the 40's with 50s for the bayshore. into the af

. >>> if the fiscal cliff negotiations seem familiar, we've seen the movie before. president obama and speaker boehner were unable to reach a debt deal in 2001. one of the by-products of the inaction was a downgrade of the country's credit rating. could this happen again? and what would it mean for the nation's financial standing across the globe? joining me is jared bernstein, senior fellow at the center for budget policies and priorities. good to see you again, when it comes to the credit rating, we've seen it happen before. all three credit rating agencies are saying you've got to put a deal together in washington, if you guys in washington don't get it done, we're going to downgrade your credit. >> we've seen this movie before. it's not a good movie. i will remind viewers that the last time standard and poors did take us down a notch, it actually didn't hurt our ability to finance our debt at all. so that was kind of blown off by the markets, but this time could be different. there's one interesting wrinkle here. i do believe that if the political discourse, which is actually sounding a little bet

for that and don't want it and, two, can john boehner rally a republicans who doesn't want to raise taxes? to that end it's unbelievable. the election was only 13 days ago. >> i know. >> there's been a lot of piling on mitt romney in those 13 days. i want to play something tea party republican senator had to say. this was at the federalist society about the election. let's play it. >> inevitably there are these mandarins in politics who give the voice don't show any contrast. don't rock the boat. so by the third debate, i'm pretty certain mitt romney actually french kissed barack obama. >> okay, let's put aside that image. >> yes. >> this suggests that, you know, these are the manndarins of politics, don't show any contrast, don't rock the boat,s so you have the ted cruzs of the world coming in and the boehners saying we node to caught deal on this, reform on immigration, talk about gay marriage. we need a reformation within the party. is that what the base of the party wants? and if they don't want that, if ted cruz is the voice for that party, how do you get there? >> well, the base doe

incomes now and ensuring security for the future. hthis is the end of vision that speaker boehner without for the country last week. i cannot think why the present would not embrace it. someone said we should go over the cliff. just go off of the cliff. hope for the best. i do not think that is what the american people had in mind when they went to the polls last week. but they had in mind is that we put the contest of the past two years behind us and work it out. the best way forward in the way that will lead to jobs and growth, a smaller deficits, and you were political fights is to keep everyone where they are. figure out a way to avoid the automatic defense cuts scheduled to hit at the end of the year without putting a penny last thing we promised and committed to the entitlement reforms that we all claim we want. a simpler tax code that lowers rates and cuts special interest loopholes would create jobs and result in more revenue without raising anyone's rates. we know this because we have seen it before. it actually works. i do not think washington should get any of that extra revenu

. day. signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: pursuant to the order of the house of january 17, 2012, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate . the chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip limited to five minutes but in no event shall debate continue beyond 11: 50 a.m. the chair recognizes the gentleman from illinois, mr. quigley, for five minutes. mr. quigley: thank you, mr. speaker. mr. speaker, an estimated 50,000 people die every year as a result of seize years. some of -- seizures. some of these victims are like danny stanton. chicago's mike and mary stanton founded the danny foundation after their 4-year-old son, danny, died from a seizure while he was sleeping. it is dedicated to preventing deaths caused by seizures and raising epilepsy awareness among the public and medical community. that's no small task, but one

. visit studentcam.org. >> house speaker john boehner on his party leadership election followed by democratic leader nancy pelosi. then senators of both parties on their leadership elections. later republican senators john mccain, nancy gramm, and others call for the investigation on the attacks of the u.s. consulate in libya. the senate armed services committee holds a hearing tomorrow morning on the nomination of marine corps general joseph dunford. that is live on c-span 3 at 9:30 eastern. general dunford is assistant commandant of the marine corps. now house speaker john gainer on his party's leadership election and the agenda for the lame duck session of congress. top priority which is jobs. i'm proud of my leadership caucus who are going to serve. and while some of us who are returning to the leadership, we have new members and you will get to hear from them in a moment. our majority is the primary line of defense for the american people against a government that spends too much, borrows too much when left unchecked. i have outlined a framework for how both parties can wor

interest and openness to putting in place a deal, both from president obama and leader boehner, and a number of members of congress. >> an aide to senator majority leader harry reid told fox news, the democrats are open to various tax loopholes only if the republicans agree first to raise taxes on those making $250,000 or higher. sound familiar, chris. >> does a bit. thanks from the white house. president obama won reelection on a promise to raise taxes on high earners as a plan to raise our massive debt. republicans say they agree with the goal, but want to do it a different way than the president. jim angle tonight on their alternative. >> president obama wants to take money from wealthy taxpayers, republicans say they're willing to raise revenues, but not tax rates. and that leaves ample middle ground that could satisfy both, putting a cap on the amount of deductions any one person could claim, such as $50,000. >> that means the maximum number of deductions you can take is $50,000, you can take it for anything you want, but you can't take more than 50,000. >> the tax policy

's what speaker john boehner talked about, constructive, but there's also a lot of urgency. now, nancy pelosi, we have a lot more of this interview, a fascinating interview, only she thought they could work out this deal in mid-december. i asked her, of course, look, we've heard optimism before and this went nowhere. but there is that urgency now. americans are sick of this. this is the second time around. >> and so overnight we saw -- we saw this video of david petraeus' alleged mistress, paula broadwell, his biographer working with her husband, the first time we've seen the two of them since this scandal broke. so let me ask you about the petraeus affair which i know you've been following so closely. where does this go now? what in your view is likely to be the next shoe to drop? >> well, i think what we've learned this week is this is not over. i think a week ago when we heard david petraeus say he was resigning because he had an extramarital affair. we thought it might go away. but every day it seems like there's nothing new. they're now looking through those classified documents t

on that. if speaker boehner can deliver 25, 30 votes, we'd supply the rest of them. there's an easy and quick answer to that. the rest of it, the amt, the farm bill, there are many tax issues besides just the income tax rate we have to resolve, too. i worry about the estate tax done and other ones done if we can, and then push the other matters to next year. >> thank you so much for your time. we greatly appreciate it. talk with you soon, hopefully. thank you. >> thank you. >> the first read team reports there's a sense in the white house they need a cease-fire negotiation in the middle east asap. it could come down to a test of the new egyptian government. nbc's deputy political editor mark murray will join us live. plus, new jersey governor chris christie, you might say he stole the show on "snl." >> you have been wearing that fleece a lot. >> yaeshgs it's basically fused to my skin at this point. >> we'll have more. it's one of the things we thought you should know. >>> welcome back. president obama now on the last leg of his unprecedented trip to southeast asia. the president we

boehner says under the right conditions might be able to bargain. what are those? guest: i am cautiously optimistic that we will find some solution in a time. i think it would be irresponsible, a big it would be responsible for the president or either party to voluntarily drive off of the cliff. i think the key is that we want a smart balance to get the economy going, generate more revenue, as well as smart spending cuts. we really think those are conditions that actually get the economy going. and ensure our investors that we are serious about getting our financial house in order. i think working with the tax code is critical. i do not how -- see how we do this without during the fundamental tax reform. it the economy over the past three years had just been an average recovery, back where we were in 2009, our deficit would be cut in half this year. that goes a long way toward a balanced budget, with this we would get there, and fundamental tax reform is key to getting all of that capital off the sidelines, back to create the jobs we need pirouetting fundamental tax reform along with the

president obama and the four top congressional leaders john boehner, nancy pelosi, harry reid, mitch mcconnell all will begin talks at the white house. cnn's jill dougherty is following those developments for us this morning. she's in our washington, d.c. bureau. good morning, jill. >> hello, soledad. well, this is it. both sides are going to be there. they're looking at the tone. they're looking at the president, what kind of tone will he set? you have to say that they're coming in both sides with their essential positions intact. all, both sides are saying that there is some room for a compromise. so, the essential thing is how do you compromise? if you look at the positions, let's say, of the republicans, and it's most strongly, as i say, relayed by senator mitch mcconnell, he does not, and they do not, want any tax increases. so let's listen to him first. >> and let's be clear, an opening bid of $1.6 trillion of new taxes just isn't serious. it's more than simpson-bowles or any other bipartisan commission has called for. it's been unanimously rejected in the house and senate, it's t

today john boehner, the speaker of the house has a news conference coming up. that will be a 5 p.m. eastern. we want to point out here on c-span2 coming up at 1:30 p.m., it will be the first news conference since the election for president obama. we'll have live coverage of that and take a phone call reaction as well. to austin, texas. now let's go to roseville -- i hope i got that right on the republican line. go ahead. >> caller: hi. i would like to say that nancy pelosi means leader, is horrible. she was leader last time. what she says and what she does is two different things. she spoke about when barack obama got elected the first, the first time in 2008, this is all going to be a about jobs, jobs, jobs, and they didn't focus on jobs. they pushed through the health care bill, and then she gets up there all the time. she is nervous, she's family, she's bumbling. she's just going to do what she wants but she doesn't look out for the people. she doesn't care. she just doesn't goes and pushes along the agenda and then health care bill, you have to pass it to find out what's in a

the microphone with pelosi and with reid and boehner at the side saying that revenue is on the table, but when the talks ramp back up after thanksgiving, is this an issue to be real negotiation or dig-in time? >> i hope it is time for a negotiation. look, if there is one thing that we learned from the president's campaign, he promised to raise taxes on the wealthy. and here is a news flash to the republicans out there, elections have consequences, and that is what he wants to do, and i'm sure he is going to accomplish some of that, but on either side when you dig in before the negotiations start, not only does it look bad, it makes the markets go up and down, and it creates instability, and insecurity among the people out here in the country feeling the pain and the brunt of some of the economic policies and the fact of the matter is that both sides need to come into it with some level of give and take, and that is how you govern and get it done, and if the president is going to ak kccomplish the polis that he did in first term that he promised in the second, he is going to have to get some of

and you see speaker boehner clearly wants a deal and, perhaps, has more leverage now with the house republican caucus, but once you get down to the actual negotiations, there are some very tough issues here, a reason this has not been resolved in previous summits. >> that's right but i am optimistic there was a clear mandate, the mandate was for solving our problems. i'm encouraged at no labels.org, an organization that has about 600,000 people, is putting together a group of 40 members of congress evenly split between democrats and republicans who are agreeing to come together as a problem solver's caucus, that the leadership can go to and cut deals on these important problems like the fiscal cliff, education. we have members of congress that recognize that people want them to be problem solvers and work across the aisle. we'll be announcing these 40 members in short order and that represents the kind of mood we're seeing in the shift in congress. >> let me ask you both about mitt romney's post-election comments last wednesday, be in a telephone conference call with donors. many of

both parties have to talk to each other. >> reporter: diane sawyer asked speaker boehner if you are now the de facto leader of the republican party. and his answer was, oh, i wouldn't think so. paul ryan is a policy wonk. >> i take that as a great compliment from john. >> reporter: is that your role in the republican party, the house policy wonk? >> i have also been one of the house policy wonks. my role is to continue to be a champion of ideas. to help our party be the reform party. that shows how we get economic growth. >> reporter: i asked ryan about speculation that he would be an early front-runner for the republican presidential nomination in 2016. he told me it is way too early to even think about the next presidential race. jonathan karl, abc news, washington. >> he also said another reason his team lost the turnout in urban areas in the country was so high. they also lost in states with few minorities and rural areas, iowa, new hampshire. if you look at a lot of the president's poll numbers, there was more at play than folks of color coming out in support. one important part of

. >> could invite boehner over for bowling. it couldn't hurt. >> play golf with them. you are going to play golf anyway. >> there you go. it's a fantastic new book. check it out. "thomas jefferson, the art of power." thank you very much. >> appreciate it. >> why did president petraeus blame the attack on the video when he probably new better? thomas krauthammer next hour with a pretty good theory. and then a nine-year-old girl proving she can beat the boys at their own game. she is here next. [ timers ringing ] [ male announcer ] it's that time of year. time for campbell's green bean casserole. you'll find the recipe at campbellskitchen.com. ♪ campbell's. it's amazing what soup can do. [ husband ] transfer! [ male announcer ] free data transfer at home. you just deleted all the photos! you did! no you did! [ male announcer ] or free data transfer when you buy a windows 8 computer at staples. another way staples makes it easier to upgrade. military families face, we understan at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is

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